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figuring different fuel costs
J.T.
Member Posts: 16
Does anyone know the formulas for calculating different fuel costs based on X btu/hr, given that the equipment is the same efficiency? (i.e. 80% boiler running nat. vs. propane or oil)
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Comments
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Can you give me more specifics?.....
HDS software from HydronicPro's has a great module to calculate this. This is one example when I plug in 100,000 BTU's and the degree days from Lincoln,NE.
Regards,
PR0 -
exactly! Except you can do it without a program if you know the formula, which is what I need.0 -
Do you want to calculate the cost per hour, season or just the relative costs of different fuels?
The relative cost per 100,000 delivered btu is calculated with this formula:
Cost per unit of fuel x 100,000 divided by
BTU per unit of fuel x Efficiency0 -
Does this help?
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Does this help?
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That's it, thanks. I need to write that one in my "Golden rules" handbook.0 -
Could someone please throw in the formula for annual btu consumption for a given design loss for the local average degree days?0 -
Fuel costs and capacities
Roughly speaking (before efficiency losses):
1 Therm = 100,000 BTU
1 Gallon #2 Oil = 139,000 BTU
1 Gallon Propane = 92,000 BTU
1 kilowatt-hour = 3,412 BTU
I pay roughly this much for each of these, though perhaps I'm getting ripped off.
Therm = $1.50
Gallon of oil = $2.00
Gallon of propane = beats me. I don't get propane.
Kilowatt-hour = $0.15
Which leads to the conclusion that electric heating is darn expensive. Heck, all heating is expensive.
-Michael0
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